Singapore: MAS proposes to reduce customer info collected for some insurance products

Published on February 5, 2024
The Monetary Authority of Singapore (MAS) has published a consultation paper to seek feedback on proposals to reduce the amount of information collected by financial institutions from their clients
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India: IRDAI proposes changes to registration and shareholdings of insurers

February 5, 2024
The IRDAI has released an exposure draft of a new regulation to promote the growth of the insurance sector by simplifying the registration of insurers, transfer of shares, other forms of capital,

Malaysia: Biggest domestic reinsurer's underwriting results expected to be backed by business remodelling

February 5, 2024
Malaysian Re's underwriting performance is expected to be supported by portfolio remediation measures and the company's ongoing business remodelling programme, said AM Best.